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Flow State Investments L.P. Makes New Investment in Tower Semiconductor Ltd. (NASDAQ:TSEM)

Flow State Investments L.P. purchased a new position in Tower Semiconductor Ltd. (NASDAQ:TSEM – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 76,000 shares of the semiconductor company’s stock, valued at approximately $3,283,000. Tower Semiconductor makes up […]
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India's production push is not moving past the assembly line

Indias $10 billion plan to produce semiconductors is under threat, potentially exposing a fault line in Prime Minister Narendra Modis campaign for greater economic self-reliance. Critics argue that the success of Indias smartphone manufacturing industry is a hollow claim, created by low-end assembly-line jobs with expensive state subsidies and protectionist import duties. The government is expected to reject incentives for a proposed 28-nanometer chip unit, which would make sense only as a quick...
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